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Dec 18 (Reuters) - Money manager Vanguard Group Inc, the
largest owner of gunmaker Smith & Wesson Holding Corp,
said on Tuesday it cannot operate its big index funds to meet
what it called the "social concerns" of all shareholders.

Vanguard of Pennsylvania said in a statement it is "deeply
saddened by the tragedy in Connecticut" but said most of its
shares in Smith & Wesson and rival Sturm Ruger & Co are
held in index funds that are required to track their indexes.